Research Article

THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES

Volume: 23 Number: 90 April 16, 2024
TR EN

THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES

Abstract

The ecological footprint basically aims to measure the impact of humans on the ecosystem. The measurements made include the area required to produce the materials consumed in terms of the consumption footprint and the area required to absorb the carbon dioxide emissions. No distinction is made between domestic and foreign producers in the production by the countries. The countries with the most developed industry and the highest impact on the ecosystem in this sense appear as the countries with the highest footprint in the ecosystem. This study, based on the ecological footprint data of seven industrialized countries (G7) and these countries between 1984 and 2019, aims to reveal the effect of ecological footprints on trade openness. Panel data analysis and ARDL Boundary Test / PMG (Pooled Average Group) method was used to obtain the results. DOLS and FMOLS methods were also used to compare both economic and empirical results and for consistency. As a result of the analysis, as the impact of industrialized countries on the ecosystem increases, their trade openness also increases in the short and long term. This effect could be seen most clearly in the United States (USA), which has the most developed industry. This research paper will be pointed out these important issues.

Keywords

References

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Details

Primary Language

English

Subjects

Macroeconomics (Other)

Journal Section

Research Article

Early Pub Date

March 26, 2024

Publication Date

April 16, 2024

Submission Date

September 5, 2023

Acceptance Date

February 23, 2024

Published in Issue

Year 2024 Volume: 23 Number: 90

APA
Özekenci, E. K., & Özaytürk, İ. (2024). THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES. Elektronik Sosyal Bilimler Dergisi, 23(90), 437-448. https://doi.org/10.17755/esosder.1355174
AMA
1.Özekenci EK, Özaytürk İ. THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES. esosder. 2024;23(90):437-448. doi:10.17755/esosder.1355174
Chicago
Özekenci, Emre Kadir, and İbrahim Özaytürk. 2024. “THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES”. Elektronik Sosyal Bilimler Dergisi 23 (90): 437-48. https://doi.org/10.17755/esosder.1355174.
EndNote
Özekenci EK, Özaytürk İ (April 1, 2024) THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES. Elektronik Sosyal Bilimler Dergisi 23 90 437–448.
IEEE
[1]E. K. Özekenci and İ. Özaytürk, “THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES”, esosder, vol. 23, no. 90, pp. 437–448, Apr. 2024, doi: 10.17755/esosder.1355174.
ISNAD
Özekenci, Emre Kadir - Özaytürk, İbrahim. “THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES”. Elektronik Sosyal Bilimler Dergisi 23/90 (April 1, 2024): 437-448. https://doi.org/10.17755/esosder.1355174.
JAMA
1.Özekenci EK, Özaytürk İ. THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES. esosder. 2024;23:437–448.
MLA
Özekenci, Emre Kadir, and İbrahim Özaytürk. “THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES”. Elektronik Sosyal Bilimler Dergisi, vol. 23, no. 90, Apr. 2024, pp. 437-48, doi:10.17755/esosder.1355174.
Vancouver
1.Emre Kadir Özekenci, İbrahim Özaytürk. THE ECOLOGICAL FOOTPRINT AND TRADE OPENNESS NEXUS: A CASE OF G-7 COUNTRIES. esosder. 2024 Apr. 1;23(90):437-48. doi:10.17755/esosder.1355174

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